Direxion Daily BA Bull 2X Shares (NASDAQ:BOEU – Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 37,092 shares, an increase of 1,709.4% from the February 26th total of 2,050 shares. Currently, 6.2% of the company’s stock are short sold. Based on an average daily volume of 46,762 shares, the days-to-cover ratio is presently 0.8 days.
Direxion Daily BA Bull 2X Shares Trading Up 3.1%
Shares of BOEU opened at $30.70 on Thursday. The stock has a 50 day simple moving average of $42.27 and a 200 day simple moving average of $39.27. Direxion Daily BA Bull 2X Shares has a 52-week low of $26.38 and a 52-week high of $52.46.
Direxion Daily BA Bull 2X Shares Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th will be paid a $0.162 dividend. The ex-dividend date of this dividend is Tuesday, March 24th. This represents a $0.65 dividend on an annualized basis and a yield of 2.1%.
Institutional Inflows and Outflows
About Direxion Daily BA Bull 2X Shares
The Direxion Daily BA Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the common shares of The Boeing Company (NYSE: BA). This ETF is designed for short-term tactical trading and aims to provide leveraged exposure to Boeing’s daily stock performance.
See Also
Receive News & Ratings for Direxion Daily BA Bull 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily BA Bull 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
